The details of Georgia's Amazon "HQ2" pitch were made public last week with the opening of a special legislative session at the state Capitol. Despite winning a spot among Amazon's top 20 contenders for the tech giant's second headquarters, Atlanta lost out in the end. The second headquarters — and the 50,000 jobs Amazon promised with it — will be split between Arlington, Virginia, and Queens in New York City.
Together, Georgia's state and local governments involved in the proposal offered Amazon more than $2 billion in publicly-funded incentives such as tax credits and infrastucture investments, matching what New York and Virginia together promised Amazon. Other municipalities, like Newark, New Jersey, and Montgomery County in Maryland, offered upward of $7 billion in tax incentives, subsidies and other incentives. So how did Atlanta, and other cities, lose to New York City and the Washington, D.C., area?